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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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3, Mario Way, Colchester is recorded publicly as a modern Leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3, Mario Way, Colchester is £195,594 and its rental estimate is £1,029 per month, given the available information and assuming reasonable condition.
Mario Way, Colchester, CO2 falls within the CO2 postal district, in the borough of Colchester.
3, Mario Way, Colchester has 31 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated September 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Mario Way, Colchester, we estimate a market value of £205,374 and a rental value of £1,080 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,902 and £957 per month respectively.
Over the last year, 3, Mario Way, Colchester has seen its estimated sale value decrease by £1,017 (0.5%) and its estimated rental value grow by £31 per month (3.0%). This results in an estimated gross rental yield of 6.3%.
3, Mario Way, Colchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Sep 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Mario Way, Colchester completed on 13th August 2019 at £194,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 22.9% over the period since August 2019.
Over the past 2 years 3 properties similar to 3, Mario Way, Colchester have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th April 2025, was 20, Chariot Drive, Colchester, CO2 7QJ, a leasehold flat which sold for £240,000.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Mario Way, Colchester, CO2, 3, Mario Way, Colchester comes out as the 34th largest and the 34th most expensive in our analysis of the public data.
It is also £87k less expensive than the average property across the CO2 district.
From 3, Mario Way, Colchester, the nearest station is Colchester Town, 1.7 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Mario Way, Colchester, 37.1% of property is privately owned with a mortgage and 33.0% is privately rented.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Mario Way, Colchester, 29.2% of residents are recorded as possessing school level qualifications and 30.9% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Mario Way, Colchester, the average age was 37.2 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Mario Way, Colchester, 0.7% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Mario Way, Colchester, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
